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NUKKLEUS INC. 8-K Report: Insights into Stock Structure & Financial Compliance

$NUKK
Form 8-K
Filed on: 2025-01-08
Source
NUKKLEUS INC. 8-K Report: Insights into Stock Structure & Financial Compliance

Here's the extracted key information and insights from the provided section of the financial report:

  1. Entity Information:
  • Company Name: NUKKLEUS INC.
  • CIK Number: 0001787518
  • SEC Filing Type: 8-K
  • Filing Date: December 31, 2024
  • Business Address: 525 Washington Blvd, Jersey City, NJ 07310
  • Contact Number: 212-791-4663
  • Stock Exchange: NASDAQ
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.0001 per share
    • Stock Identifier: NUKK
  • Warrants:
    • Each warrant is exercisable for one share of common stock at a price of $92.00 per share.
    • Warrant Identifier: NUKKW
  1. Financial Reporting Context:
  • The reporting period ends on December 31, 2024.
  • The report is structured according to XBRL (eXtensible Business Reporting Language), which is used for financial reporting.
  1. Units of Measure:
  • Financial figures are reported in U.S. Dollars (ISO 4217: USD).
  • Shares are also indicated as a unit of measure.
  1. Stock Classifications:
  • The report identifies two classes of stock:
    • Common Stock (with a specified par value)
    • Warrants (with specified price for exercise)

Insights:

  • Warrants are a significant part of the financial structure, indicating potential future dilution if exercised.
  • The company appears to be in compliance with SEC regulations, as indicated by the appropriate filings and reporting formats.
  • The low par value of common stock suggests a potentially high volume of shares outstanding, which is common in startup or growth-stage companies.
  • The price of the warrants ($92 per share) could indicate the company's valuation expectations or market positioning at the time of the report.

This information is crucial for investors, as it provides insights into the company's capital structure, potential for dilution, and compliance with regulatory standards.